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RFPI plans to invest this year 2 billion dollars in the development of the Far East

Director of the Russian Direct Investment Fund Kirill Dmitriev said at a meeting with Russian President Vladimir Putin that the Fund plans to invest 2 billion dollars in the development of the Russian Far East, including a focus on the agricultural sector.

According to the Kremlin’s materials, in the 2013 year, the Fund’s investments in the region amounted to 1 billion dollars. By order of the president, interaction with China is being developed.

«During your last trip to China, 4 announced new investments: these are logistics, the tourism sector, mining in the Far East and a bridge between Russia and China, which is the first bridge between Russia and China. You announced the creation of a Russian-Chinese investment committee, and we plan to play a significant role in financing these projects.

Our big initiative now is investment in outsourcing. We have already invested in several outsourcing companies and we believe that if state-owned companies allocate non-core assets and build more market players on their basis, then we would be ready to invest, foreigners would be ready to invest. Now we are announcing and discussing a number of very important projects in this area with Russian Railways, "commented Dmitriev.

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